Tracking the Dow Lag Behind the S&P 500 in 2024
The Dow’s underperformance can be attributed partly to its nature as a price-weighted index. Unlike the S&P 500 and Nasdaq Composite, which are weighted by market capitalization, the Dow gives more influence to higher-priced stocks like UnitedHealth Group, impacting its overall performance more than tech giants like Apple and Microsoft. In 2024, the Dow Jones […]
Inflation Hopes vs. Wall Street’s Trump 2.0
The upcoming election could fundamentally change the inflation outlook for the next three to four years, according to an inflation trader. While many investors and traders are optimistic about cooling U.S. inflation ahead of Thursday’s consumer-price index for June, Wall Street is concerned about the inflationary impacts of a potential second Trump presidency. Before the […]
Inflation Insights for Stock Traders
A softer-than-expected inflation report could pressure the Federal Reserve to signal an interest rate cut is likely in September or even open the door to one later this month. Thursday’s inflation report is expected to be a significant event for U.S. markets during a busy week, which also includes the start of the second quarter […]
How the Stock Market Will React if Biden Exits the Race
The S&P 500 and Trump’s victory odds are increasingly correlated as investors seek ‘certainty’: LPL’s Turnquist With President Joe Biden’s re-election campaign appearing to hang by a thread after last week’s television debate debacle, investors understandably may wonder whether a change at the top of the Democratic ticket would move the stock market. A good […]
JPMorgan’s Bearish Strategist Departs: Key Predictions
Wall Street’s biggest bear, Chief Market Strategist Marko Kolanovic, is leaving JPMorgan Chase & Co. after 19 years with the bank, as reported by Bloomberg News. According to internal memos from JPMorgan, Kolanovic is departing to explore new opportunities. His exit follows a two-year period of disappointing market calls where he remained bullish as stocks […]
Unmasking Inflation: Demand, Not Supply
A recent research paper argues that the primary driver of post-pandemic inflation in both the U.S. and Europe was demand, not supply. At the European Central Bank’s annual gathering in Sintra, Portugal, economists Domenico Giannone of the International Monetary Fund and Giorgio Primiceri of Northwestern University challenged the prevailing view that supply-chain disruptions were the […]
